Powerful Utility Dividends

Chasing yield can be very dangerous: dividend yield is high for many stocks that investors have dumped. Some of these out-of-favor stocks face financial challenges and will not be able to maintain their dividend payments. To protect your portfolio from faltering firms that belong in the garbage, the following screen was conducted to uncover utility stocks with electrifying dividend yields and long-term histories of generating shareholder income and wealth: Dividend yield is greater than 3% Annual dividend growth was higher than 2% over past 10 fiscal years. (Geometric average) Dividends were paid in all 10 of the last 10 fiscal years. Annual return on equity was higher than 5% over past 10 fiscal years. (geometric average) Twenty-four firms met these criteria: 10-Year Average Ticker Company Div Yield Div Growth ROE TEG Integrys Energy Group, Inc. 5.3% 2.7% 9.4% FE FirstEnergy Corp. 4.9% 3.9% 11.0% VVC Vectren Corporation 4.9% 3.4% 10.3%... Read more